What's new in Cloud FinOps?

Mel, an engineer at PwC, offers a peek into the life of an engineer balancing technical tasks and meetings. She discusses her daily routine, the productivity kill of random meetings, and the benefits of pair and mob programming. The conversation highlights the need for better communication between engineering and finance teams to tackle cost management. Mel also emphasizes the challenges of juggling multiple tools and systems, revealing the intricacies of effective collaboration and debugging in today’s engineering landscape.

Dr. James Mitchell, a commodities trading and renewable energy expert, joins the conversation to explore the financial language in FinOps. He draws intriguing parallels between cloud computing and electricity markets while decoding cloud vendors' jargon. The discussion emphasizes the importance of bridging finance and engineering teams for better collaboration. Additionally, Mitchell examines the concept of isomorphic economies and highlights the challenges of regulating the global cloud industry. Key insights on flexibility in pricing and managing commitments like financial portfolios also emerge.

Send us a textIn this episode of What's New in Cloud FinOps, we (Frank and Stephen) discuss the latest news and updates in cloud computing impacting your wallet.We cover topics such as right-sizing recommendations for Amazon RDS, data exports for cost optimization, and improved billing and cost management. We also highlight talks from FinOps X in San Diego and share their favourite sessions. Overall, the conversation provides valuable insights into the latest developments in cloud FinOps, including a rant from Stephen on the hardship that is finding good content for Azure. 

TJ Solis, an expert in FinOps, and Deana Solis, a seasoned professional, dive into the pivotal social dynamics within FinOps. They discuss how trust and communication enhance efficiency in financial operations. The duo emphasizes the need for finance professionals to grasp cloud technology's essence while fostering strong relationships. Anecdotes highlight how adaptable communication elevates analysts to leaders. They also address the balance of compliance and collaboration, along with the importance of personal well-being for success in the FinOps landscape.

Izhak Zimmermann, a FinOps expert, emphasizes the shift from cost-cutting to maximizing business value in cloud operations. He delves into the challenges of understanding cloud costs, advocating for innovative technologies like EBPF sensors. Izhak discusses the importance of leveraging network data to improve cost tagging accuracy and enhance operational efficiency. The conversation also touches on transforming financial metrics into real business value and the need for collaboration between technical and finance teams to drive insights and optimize ROI.

Send us a textSummaryIn this episode of What's New in Cloud FinOps, Frank and Stephen discuss a wide range of cloud-related news and updates. They cover topics such as Azure VM hibernation, Azure Compute Fleet, Google Cloud TPU, Amazon EC2 C7i Flex, DynamoDB, AWS Marketplace, Cloud Run, and more. The conversation also delves into the complexities of cloud pricing, energy progress, and the impact of cloud technology on businesses.

Send us a textIn this episode, Steve, Frank and Mike discuss the benefits of using the free tier in Microsoft Azure. They explore the various free offerings available, such as Azure Cosmos DB, Azure DevOps, and speech-to-text translation. They also discuss the importance of monitoring costs and implementing processes to prevent unexpected expenses. Mike shares insights on cost optimization for Cosmos DB and announces an upcoming video on the topic.

Send us a textSummaryIn this episode, Frank and Steve discuss the latest news from Google, Azure, and AWS.They cover topics such as new instance types, ARM-based CPUs, storage options, cost optimization, and Kubernetes cost allocation. The conversation also touches on the challenges of reducing storage and the importance of billing cost data in Cloud FinOps. In this conversation, Steve and Frank discuss various updates and announcements from different cloud providers. They cover topics such as multiple cloud vendors providing a focused view, cost anomaly detection with AI, maximizing committed use discounts, per-second billing for Red Hat Enterprise Linux instances, migration vs modernization for data workloads, license portability in Amazon WorkSpaces, and Google's investment in digital connectivity to Japan. They also mention the upcoming episode on the free tier game in Azure and their attendance at FinOps  X.

Send us a textThis month we talk about the FinOps Framework. The Framework has been vastly improved and updated to match what FinOps practitioners are doing, in the tranches. Who better than Rob Martin to guide us into the Framework?  No-one. And we like him so much that he is the first returning interviewee. --- In this episode, we (SteveO and Frank) interview Rob Martin from the FinOps Foundation to discuss the recent updates to the FinOps framework. We talk about the process of updating the framework, the changes made to the domains and capabilities, and the importance of simplifying the language. We also discuss the first steps for organizations and individuals new to FinOps, including using the framework sub-site and conducting a maturity assessment. The conversation also touches on the significance of visibility and transparency in building trust within the organization, the different personas involved in FinOps a new type of persona called 'allies'The conversation also touches on the upcoming changes to the framework, including updates to the certifications and training. We introduce some of the FinOps upcoming events, including the Members' Summit, FinOps X, and FinOps XE.

Send us a textIn this episode, Steve Trask, VP of Marketing at the FinOps Foundation, discusses the State of FinOps report and the insights gained from four years of research. They explore topics such as team structure, automation, executive buy-in, and the evolving priorities of FinOps practitioners. They also touch on the challenges of measuring the value of the FinOps team and the growing importance of sustainability in cloud operations. The conversation highlights the need for focus and prioritization in FinOps practices and the impact of economic factors on cloud optimization. The conversation explores the challenges of budget allocation and accountability in large organizations, particularly in the context of cloud spending. It highlights the difficulty of breaking down budgets and creating visibility at the team level. The speakers discuss the gap between accountability and responsibility for spend and the struggle to implement changes as organizations scale. They also touch on the importance of cultural change and the need for champions within the organization to drive FinOps practices. The conversation concludes with a discussion of upcoming events and the global adoption of FinOps.KeywordsFinOps, State of FinOps, team structure, automation, executive buy-in, priorities, sustainability, focus, economic factors, cloud optimization, budget allocation, accountability, cloud spending, team level breakdowns, cultural change, champions, upcoming events, global adoptionAI generated.